Retail - Featured Post

E-Commerce Set To Beat In-store Holiday Sales

Deloitte's 2016 annual consumer shopping survey has predicted that e-commerce will make huge gains this holiday season as consumers plan to...

Carrefour Shares Plummet After French Government Suit

Carrefour's share prices have plummeted after the French government announced it was suing the company for forcing suppliers to unfairly lower prices,...

Consumer Comfort In U.S. Rises For Third Week On Economy Views

Consumer confidence increased for a third straight week as Americans grew more upbeat about the economy than at any time since the start of the year, figur...

Portugal’s Sonae Posts Turnover Of €1.45 Billion In Q3

Portuguese retail and telecommunications group Sonae has posted turnover of €1.45 billion in its third quarter of the year, a 10.7% increase on the pr...

Tesco Bank Resumes All Services

Tesco Bank reported on Wednesday that it has resumed all services, following the temporary suspension of certain online transactions as a precautionar...

Food Price Deflation In France Accelerates, Study Finds

Food price deflation at French hypermarkets and supermarkets rose to 1.45% in October, compared to 1.33% the previous month, according to data from IRI, re...

Sweden's ICA Sees Sales Decrease 1.3% In October

Swedish retailer ICA has posted a 1.3% decline in sales in October compared with the same period last year. Sales for October 2016 stood at SEK 8.9 bill...

M&S To Axe Stores At Home And Abroad As Rowe Beats Retreat

Marks & Spencer Group Plc announced plans to shut 30 U.K. clothing stores and switch others to food-only outlets as Chief Executive Officer Steve R...